Using digital technologies is a new way of delivering healthcare. Advanced technologies including hardware & software solutions and services, including telemedicine, mobile phones & applications, wearable devices, and remote monitoring sensors make several tasks easy for healthcare professionals. This helps them to access patient information and diagnose diseases faster. Market Industry Reports (MIR) has published a new report titled “Digital Healthcare Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the digital healthcare market is estimated to be over US$ 257.8 Bn in 2019. It is anticipated to grow at a double-digit CAGR from 2019 to 2030.
The continual growth of the digital healthcare market can be attributed to several factors including the rising prevalence of chronic diseases along with the growing geriatric population. Moreover, rising developments in the healthcare sector along with favourable government regulations are anticipated to further contribute to market growth during the forecast period. To obtain better insights regarding the market scenario, prominent players are increasingly focusing on collaborative initiatives, acquiring other companies to make their presence stronger in the market. For instance, Allscripts Healthcare Solutions acquired a Boston-based digital health startup, ZappRx Inc. that offers digital solutions to healthcare providers, speciality pharmacies, and pharmaceutical companies to streamline prescriptions and authorization so that patients can get access to specialty medications more quickly.
Major Key Players of the Digital Healthcare Market are:Cerner Corporation, Agfa-Gevaert Group, Allscripts Healthcare, LLC, GE Healthcare, McKesson Corporation, Philips Healthcare, Siemens Healthineers AG, Alphabet Inc, Epic Systems Corporation, and Truven Health Analytics, among others.
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